Euro / U.S. DollarShort
EURUSD / US Dollar Slips as Markets Brace for Powell’s Speech
US Dollar Declines Early Friday as Markets Await Powell’s Speech
Next Outlook:
The market is currently navigating a crucial zone between 1.10820 and 1.11400. A break above or below this range will likely determine the next directional move. If the price stabilizes above 1.11410, it could signal a potential rally towards 1.12560. Conversely, if the price remains below 1.10820, we may see a decline towards 1.09150.
Jerome Powell's upcoming speech is highly anticipated, as any mention of a rate cut could significantly impact market direction.
Key Levels:
- Pivot Line: 1.1100
- Resistance Levels: 1.11950, 1.12560, 1.1350
- Support Levels: 1.1080, 1.09960, 1.09150
The expected trading range for today is between 1.0900 and 1.12560.
Next Outlook:
The market is currently navigating a crucial zone between 1.10820 and 1.11400. A break above or below this range will likely determine the next directional move. If the price stabilizes above 1.11410, it could signal a potential rally towards 1.12560. Conversely, if the price remains below 1.10820, we may see a decline towards 1.09150.
Jerome Powell's upcoming speech is highly anticipated, as any mention of a rate cut could significantly impact market direction.
Key Levels:
- Pivot Line: 1.1100
- Resistance Levels: 1.11950, 1.12560, 1.1350
- Support Levels: 1.1080, 1.09960, 1.09150
The expected trading range for today is between 1.0900 and 1.12560.
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.